NISM 10A Investment Adviser Level 1 Notes

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  • Loan Tenure Impact: Longer tenures reduce EMIs but increase total interest paid.
  • Interest Rate Sensitivity: Small rate changes significantly affect long-term loan costs.
  • Debt-to-Income Ratio: Measures debt repayments against income to assess borrowing capacity.
  • Emergency Fund Priority: Ensures savings for contingencies before taking on additional debt.
  • Loan Documentation: Requires proof of income, identity, and collateral details for approval.

NISM 10A NISM Investment Adviser Level 1

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